Lil Nouns NFTs

    Introduction

    • In this analysis, You Will Read about Lil Nouns NFTs.

    Lil Nouns is the newest NFT collection featuring a younger version of the Nouns NFT collection. Unlike the usual NFT collection drop, each Lil Noun is minted every 15 minutes. This unique mechanism is automatically generated and will continue forever. I examined Lil nouns and analyzed these parameters:

    • weekly and Total Bids
    • Weekly and total Winners
    • Top Lil Nouns Winners
    • Weekly and Total Sales
    • Top Profitable users and losers
    • Analyze Winner’s activities

    Analyzed By Hess - Reading Time Almost 12 Min

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    Bid Winners

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    NFT Sales ( Winner’s NFTS ONLY )

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    Winners Vs. Sellers

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    Conclusion

    • It is true that the average sales amount and average winning amount decreased from 1 ETH to 0.16ETH but Lil Nouns Still is one of the most popular collections in the NFT world.
    • Some users made a lot of money from Lil Nouns. For example, The top winner made 16K US dollars. Its wallet participated in the 1030 Auction and won half of them.
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    A SUMMARY OF THE MOST IMPORTANT FINDINGS

    • Since May 2022, About 3.2K unique users made 24K bids. They participated in the bidding and spent 8.2K ETH. However, If a user doesn’t win the auction, Their bid return to their wallets.
    • Total Number of users that participate in bidding decreased since May.
    • The average bid amount was around 1 ETH in May but right now decreased to 0.15 ETH.
    • 1870 Unique wallets won the Lil Nouns Auction. These users won 4810 Lil Nouns NFTs. Lil Nouns earned 1990 ETH from selling NFTs.
    • The average winning amount dropped to 0.15 ETH from 1 ETH.
    • A user won almost 600 Lil Nouns. This user spent 260K US dollars on Lil Nouns. However, This user earned 16K by selling some of Lil nouns NFTs.
    • A user Lost around 20K US dollars by selling Lil nouns NFTs.
    • Of 1870 winners, Only 470 of them sold at least one of the Lil Nouns NFTs.
    • The average sales amount was 0.18 in the last 30 days.
    • These users sold 1148 Lil Nouns. Other users prefer to hold their Lil nouns. Users hold 3.6K Lil nouns.

    Dashboard Reading Guide

    • Lil Nouns Bids: This Part Shows you the weekly and total Bids on Lil Nouns. Bids are not the final result. So many users participate in bidding but only there is one Winner each round.

    • Bid Winners: This Part shows you the final results. You can read about weekly and total winners, win Amounts in ETH and USD and top winners.

    • NFT Sales: Lil Nouns collection is available on Opensea. This Part does not show you the Opensea sales activity. This part only shows the sales activity of winners on Opensea not all collection. I Only Tracked the winning NFT and their sales for the first TIME.

    • Winners Vs. Sellers: In this part, You can see whether winners sold their winning NFTs or not and I compared Winners with those winners that sold their winning NFTs.

    Full Analysis

    Lil Nouns Bids

    THANK YOU FOR READING!

    ALL CODES AND CONTENTS WERE WRITTEN BY HESS.

    :bird: Twitter: @hessaminanloo

    :t-rex: Discord: hess#0890

    :calendar: Analyze Date: 2022/SEP/30